Regulation

TPB aims to reduce red tape, increase automation

The board’s plan includes more data-driven performance targets in a “robust system of regulation”.

11 August 2022 • By Philip King

more from tag

Business

Small businesses ‘forgotten’ in domestic violence leave scheme

To ensure the system benefits everyone it should be run and funded by the government, says COSBOA.

10 August 2022 • By Josh Needs

Technology

Funding platform gears up for next stage of growth

Swoop is rolling out its funding platform across the country as it targets 450 per cent global revenue growth and...

10 August 2022 • By Alex Vanags

Business

Insolvencies and court action leap in July: CreditorWatch

The bureau says business wind-ups are on the rise, driven by ATO debt collection.

10 August 2022 • By Philip King

Appointments

BDO hires former PwC director as partner

The experienced addition will help build an “incredibly strong project and infrastructure team” the firm says.

10 August 2022 • By Josh Needs

Regulation

Court upholds TPB decision to ban tax agent

A history of non-compliance included failure to lodge four income tax returns and 102 business activity statements.

09 August 2022 • By Josh Needs

Business

120 DPNs a day drive insolvencies back to pre-pandemic level

The ATO’s ramp-up of debt collection activity on small businesses shows up in the figures for July.

09 August 2022 • By Philip King

Business

KPMG grows revenue 16% to hit $2.3bn

The result was led by its management consulting and audit, assurance and risk consulting businesses.

09 August 2022 • By Josh Needs

Tax

Disclose contractor payments by 28 August, ATO warns

Small businesses told under-reporting will be exposed by powerful data matching.

09 August 2022 • By Josh Needs

Business

Visa delays stall attempts to recruit overseas

A positive outcome on skilled migration is essential to stop firms from “cannibalising each other”, says CA ANZ.

08 August 2022 • By Josh Needs

Business

Super ahead of banking, insurance on climate risk

APRA survey finds the superannuation industry further advanced on four key measures.

08 August 2022 • By Josh Needs

Regulation

ASIC prosecutes 10 companies, 73 individuals

More than $500,000 in fines have been imposed on those failing to meet personal and corporate obligations.

08 August 2022 • By Josh Needs

Business

EY revenue grows 18 per cent, delivers $70m in bonuses

Led by its consulting and strategy divisions, EY rebounds despite lingering COVID concerns.

05 August 2022 • By Philip King

Super

Age for downsizer super scheme to drop to 55

Tax amendments widen eligibility for the one-off bump to retirement savings.

08 August 2022 • By Philip King

Appointments

Tax Institute appoints independent chair

Financial services industry expert will help guide strategic governance of the body.

05 August 2022 • By Philip King

Regulation

Buy now, pay later needs greater regulation, says CPA

Consumers using the platforms lack protection from laws on borrowing.

05 August 2022 • By Josh Needs

Regulation

IPA calls for ASIC’s powers to be stripped

The IPA wants the Quality of Advice Review to make bold moves towards meaningful reform.

05 August 2022 • By Miranda Brownlee

Tax

Little point changing lodgement date, says CPA

The ATO remains in limbo on vital pre-fill data despite giving the green light to returns.

04 August 2022 • By Josh Needs